What's Up: Noel Group plans growth after Berkshire Hathaway deal

11:52 PM,
Mar. 15, 2014

The Noel Group has reached an agreement with Berkshire Hathaway Specialty Insurance to sell its assets of MyAssist, a personal assistance and telematics service provider, and Insure America, which provides insurance products to the travel industry.

Written by

Nathan Vine
| Central Wisconsin Sunday

STEVENS POINT - Berkshire Hathaway Specialty Insurance, part of the investment empire of billionaire Warren Buffett, reached an agreement with Stevens Point-based Noel Group in late January to purchase two of its divisions, MyAssist and Insure America. Terms of the deal were not immediately disclosed.

MyAssist is a personal assistance and telematics service provider. Telematics are automobile systems such as OnStar that use wireless communications for roadside assistance or remote diagnostics, and Noel Group has partnered with companies such as All-State Insurance and Ford to ...